TD Insurance, Senior Automotive Group Vendor Manager

Work Location:

Markham, Ontario, Canada

Hours:

35

Line of Business:

Procurement & Sourcing

Pay Details:

100 400 $/$100,400 - 158 000 $/$158,000 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Department Overview

TD Insurance is part of TD Bank Financial Group, one of Canada’s largest financial institutions. TD Insurance helps protect clients from the ‘accidents of life’ with a wide range of products including credit protection, life, health, travel, home and auto insurance. With more than three million clients, TD Insurance authorized products and services are available online, over the phone, and through a network of more than 1,000 TD Canada Trust branches.

In Canada, we have two lines of business, General Insurance and Life and Health. Our General Insurance business is one of the top homes and auto insurance groups in Canada and the national leader in group insurance and affinity marketing. Our Life and Health business is the number one provider of critical illness insurance and direct life and health insurance in Canada.

At TD Insurance, we are committed to fostering an inclusive, accessible environment. With a Canada-wide workforce of over 4,000 employees and offices in Quebec (Laval, Montreal), Ontario (Etobicoke, Toronto, North York, Burlington, and Peterborough), Atlantic Canada (Halifax, Saint John), Calgary and Edmonton, our company is always growing and can help you to grow. TD Insurance offers a stable and dynamic work environment where talent is appreciated, and professional development is taken seriously. More than just a job, we offer rewarding careers.

Job Description

Reporting to the Vice President Vendor Management, this role will support the development and execution of an industry leading effective vendor management program within TDI.

In partnership with strategic sourcing, Third Party Risk Management and the Claims Operational leadership team the incumbent will be responsible for the development and implementation of Vendor performance management initiatives creating better value for TDI Customers, Employees and Shareholders, while ensuring compliance to TDI risk and expense policies and procedures. The incumbent will provide ongoing professional and specialized support on all vendor activities to all business areas as required.

The general accountabilities of this role include but are not limited to the following:

• Lead and mentor team members, providing regular performance assessments to employees and their people managers, ensuring a positive work environment that encourages productivity, professionalism and teamwork

• Create a culture that fosters employee engagement, accountability and high-performance outcomes

• Play a key role in setting direction for TD Insurance most critical, strategic/enterprise vendor relationships, leading the VM team to implement effective vendor strategies and development plans

• Ultimately responsible for ensuring a beneficial vendor relationship(s); including service/product delivery, VM governance, performance management, and continuous improvement initiatives

• Provide strategic guidance as appropriate to business partners and VM teams regarding VM best-practice and developments to the enterprise vendor management strategy

• Leads implementation of projects and initiatives to maximize value from third-party spend in the context of enterprise and business-specific goals and objectives

• Provides strategic input and support for sourcing category analysis/planning, vendor analysis and plays a significant part in contract negotiations (MSA and EMSA)

• Network with industry peers to keep remain current and aware of emerging trends, benchmarks to ensure Vendor programs remain effective, current and Industry leading

Job Requirements

• Bachelor's degree

• Minimum 5 years work experience in Vendor Management, project management, risk management, sourcing, General Insurance

• Abili